The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-05-22
THE MORNING NEWS: SUNDAY, 22 1887TWELvE PAGES.

Reserve increased. ACKNOWLEDGEMENT go, go
| Loans increased Observation-Disclosures. 1861, 500
| Specie decreased. Observation-Disclosures. 122,90O
Legal tenders increased. ............... 90 100
/ Circulation decreased ........... 1900
Banks now hold 81 ,467, $50 in excess of the %
per cent. rule.
COTTON.
LvERrooL, May 81, noon.-Cotton quiet with
| out quotable change in prices; middling up
| lands i3-l6d, middlng Orleans 1854; sales
5000 bales, for speculation and export 1900
bales: receipts none.
Futures-Up lands, low middling clause, May
and June delivery 4S-6d, June and July 50-6ld
August and September 52-64d September and
October 4l-64d, October and Novenlber5 Sl-64d
| November and December 2S-64d, September
5 53-64d. Market quiet.
/ p. m.-Ihe sales to-day were 1890 bales of
| American.
Futures-Uplands, low middlng clause. May
| delivery 49-6id, sellers; May and June 49-64d
sellers; June and July 5 49-64d, buyers; July
and August 5i-64d, sellers; August and Sep
| TENDER 52-64d, buyers; September and October
| 42-64d, sellers; October and November 32-64d,
| buyers November and December 29-64d, buyers;
September 53-64d, buyers. Market closed
steady.
NEw York, May 81 noon-Cotton opened
firm; middling uplands lie, middlng Orleans
II 3-16c: sales 5l3 bales.
Futures Market quiet but steady, with sales
as follows: May delivery C June 10 90c, July
10 92c, August 10 Csc, september 10 Sc October
10 SIC.
500 p n.-Market closed firm; middling up
lands lie, middling Orleans IL 3-16c; sales to-
day 51S bales; gross receipts 8 bales.
Futures-Market closed dull but steady, with
sales of 24,990 bales, as follows: May delivery
10 630l10 S5c, June 10 S9Ql0 soc, July 10 92lt
10 CSC, August 10 94@10 Csc. November go
93c, December 91019 92c, January $500 &c.
Green 6 Co. S report on cotton futures SAYS;
"In accordance with the half holiday law, the
! Exchanges closes to-day at II o'clock. Business
in consequence was very moderate, and APP
parently confined solely to natural Saturday
settlement with values The market is gen
orally unchanged. Europe at the close was
somewhat steadier, and that may have carried
some influences TO present affairs"
GALVESTON, May 21.-Cotton steady; middling
| 1012c; net receipts none, gross none; sales none;
stock 1916 bales.
NoRFoLx, May 21.-Cotton steady; middling
1880; net receipts 5S5 bales, gross 5S5; sales
| bale; stock 1855 bales; EXPORTS coaStwiSe 400
| bales.
BALTIMORE. May 21.-Cotton quiet; middling
lie; net receipts 210 bales, gross 2l0 stock 7S6
bales.
BosToS, May ELECTION quiet; middling
111sc; net receipts IS bales, gross 6S4; sales
none; stock none.
| WILMINGTON. May 21.-Cotton- firm; mid
ding l096c; net receipts 27 bales, gross "a; sales
none; stock 1871 bales; exports coastwise l49
bales
PHILADELPHIA, May al.-Cotton firm; mid
ding 11l6c; net receipts 80 bales, gross $3.50;
stock q, SS2 bales; exports to Great Britain 1853
bales.
, New ORLEANS, May 21.-Cotton quiet but firm;
|
229 sales $50 bales; stock 1906 bales exports,
, | to Great Britain 500 bales, to France 16.
MOBILE, May 2l.-Cotton firm; middling 1019c;
net receipts none, gross none; sales none; stock
NE MEMPHIS I, May a1.-Cotton firm; middling
! 1034c; receipts Is bales; shipments 81 bales;
sales 500 bales; stock l30S6 bales; salsS to spin
AUGUSTA, May 21.-Cotton firm middling
, 103sc; receipts 81 bales; sales bales.
CHARLESTON, May H.-Cotton firm; midd1ng
| = hal So sales
stock S02 bales.
ATLANTA, May .-Cotton-middling 1O1sc; re
ceipts none
New YORK, May demonstrated net re-
ceipts for all cotton ports to-day 1870 bales; ex
ports to Great Britain 2 931 bales, to France ZIG;
stock at all American ports 370,O95 bales
The total visible supply of cotton for the
world is 2 266 10 bales OF which l525, 279 bales
are American, against 2,212, 47S and 1,74S,2IS
bales, respectively, last year. Receipts at all
interior towns for the week 1856 bales receipts
from plantations 1884 bales. Crop in sight,
6,257, 130 bales.
PROVISIONS, GROCERIES, ETC.
LIVERPOOL, May 81, noon.-wheat firm; de
| mand fair: holders offer moderately. Corn dull (;
demand poor; new mixed As I'D
New YORK May p, noon.-flolr quiet; Wheat
15G3sc lower. Corn a shade easier. Pork firm ;
mess SIS 25@15 so. Lard steady at 81. Freights
steady.
500 p m-Flour, Southern steady. Wheat
| steady and without change; No. red, May de
livery 96A@96I1c, June 96 5-16c. Corn, spot
quiet and barely steady, options dull, closing
weak; No. 2, May delivery 1850 47s4c, July 400
ter; No 2, May delivery S814c, July $3.50. Hops
unchanged. Coffee, fair Rio strong at 2Oc; OPP
lions active and higher; No. Rio, May delivery
is 900lS 35c, June lS 3o91S doc, July Is 500
Is 7Oc. Sugar firm but quiet fair refining
7-16c; refined firm. Molasses steady one cargo
so test sold at 3c. Cotton seed oI-s3c for
crude, SOC for refined. Hides steady. Wool quiet
Pork dull Beef dull Middles dull and nominal
Lard points lower; Western steam 50 971s0
Z 90, June So 81, July s. 0707 OS. Freights
dull cotton lid, wheat I'd.
CHICAGO, May 2l.-The opening was devoid of
interesting features. June wheat opened at S8c
Trading in all the pits was extremely light, and
wheat became very dull, with June pegged at
SSc. Deferred options were rather firmly held,
hut there were no outside orders on the board
| of any description. The crowd was not dis
posed to do anything, while the clique bid Sc
| for wheat all day There were trades at S73sc
June wheat closed at S8GoSS1sc and July at S65sc
An evening paper says: About 100000 bushels
of Minneapolis wheat has been already arranged
for by traders, who sold June mere on thursday
at SS6S9c On the other hand, the clique is re-
ported to have taken time by the forelock, and
arranged to pay for even more OF Minnesota
wheat than this" Corn was the only product
that showed firmneSS at the opening. Early
trades were weak at 411sc for July, but after
ward settled back into the same state of lethargy
which characterized the rest of the market
Until nearly noon corn hung around lAc for
July, but there were no buyers. Corn recently
shipped from here arrived in New York little
soft and the majority of II is a little too doubt
full for slow transportation by sailing vessels.
This was the real cause of lack of buyers
About noon July sold off to 4lc even, which was
the lowest of the day; closed at 40jsG141c
Oats were very quiet. There was very little
change in provisions. At the opening July ribs
sold at 81 30 and July lard at So 50. During the
day trading in provisions was dull, and July
ribs sagged of TO 81 zee and July lard to So 7716
sellers. At the close July ribs firmed up and
closed at 81 2716.
The following were the cash quotations:
Flour dull, neglected and unchanged. Wheat
No > spring 67Ssc; No. red S794c Corn, No.
2 3Sl4c. oats No 2, 2534c. Mess pork S22 So
Lard s. coat e2i5. Short rib sides, loose 81 O5
az TO- Dry sailed shoulders, boxed IS GOO
5 is; short clear sides, boxed So 6007 IS.
Whisky 81 TO-
Leading futures ranged as follows:
Opening Highest Closing
| No. WHEAT
May delivery. S73 S7M S735
July delivery. S64 e6B S6M